Author: Arabian Media staff
Key Takeaways If you’ve worked hard to save $30,000 or more, it’s time to make that money work for you. A high-yield savings account can pay 13 times more than a traditional savings account, which often pays nearly 0% interest. By switching to an account that pays 4.50% APY (or better), you could earn hundreds of dollars more every year, helping to grow your savings faster. Consider high-yield savings accounts, high-yield checking accounts, and even money market accounts, which all pay high rates from 4.00% to 6.00%. For many, saving $30,000 can take years to achieve. In fact, the median…
Key Takeaways TSA PreCheck and Global Entry are trusted traveler programs that offer expedited security screening and other benefits.TSA PreCheck is primarily for domestic travel, while Global Entry includes expedited customs clearance for international travel.Both programs require an application, background check, and fee payment.TSA PreCheck costs $78-85 for a 5-year membership, while Global Entry costs $100 for a 5-year membership.Choosing between TSA PreCheck and Global Entry depends on personal factors such as travel frequency, international travel, and budget. TSA PreCheck and Global Entry are trusted traveler programs under the Department of Homeland Security and can help make your travel days…
Image credit: WAM/Website The Department of Municipalities and Transport (DMT) has released the Abu Dhabi Beach Guideline, a comprehensive document designed to steer the future of beachfront development across the emirate. The guideline sets robust standards that prioritise ecological preservation and public accessibility, reinforcing Abu Dhabi’s position as a regional leader in sustainable urban development. The initiative underscores the emirate’s long-term vision of creating inclusive and environmentally responsible public spaces. It lays down a blueprint that blends innovative planning with environmental safeguards, aligned with the “Year of Community” to enhance the quality of life for both residents and visitors, a…
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Key Takeaways Planning where you’ll live and whether to downsize your home is one of the biggest factors in planning for retirement. You can clear out the clutter and make extra cash by selling possessions you’ll no longer need like your work wardrobe, extra electronics, kids’ toys, and even your second car. Working with a financial planner can help you envision and plan for your retirement, including what you will and won’t need. Many people downsize their living situation to simplify their lives when they retire. But your home isn’t the only thing you can downsize, and it isn’t even…
Image credit: Supplied After months of silence, the Dubai Fountain, one of the world’s most iconic and visited attractions, is preparing to make its triumphant return to Downtown Dubai on October 1. The relaunch of the fountain, renowned globally as the largest choreographed fountain system, marks a significant milestone in the city’s continued evolution as a global hub for tourism, innovation, and entertainment. Read more-Dubai’s Mall of the Emirates turns 20: Inside its Dhs5bn redevelopment Following a carefully orchestrated five-month renovation, the fountain is set to dazzle once more with its immersive blend of water, light, and music, reaffirming its…
Key Takeaways 20% of Gen Z and Millennials want dating apps to show credit scores, according to a survey by Credit One Bank. People with higher incomes tend to place greater emphasis on knowing a potential partner’s credit score. Many young people are struggling with financial issues, including declining credit scores. Yet a low score isn’t a dealbreaker for many daters; showing that you’re working on improving your score and being transparent can go a long way for many prospective matches. Dating apps may have a reputation for focusing on looks, but plenty of daters want to dive deeper than…
Key Takeaways Tech executives like Palantir CEO Alex Karp have said they don’t care if or where employees went to college—work performance matters more.Apple CEO Tim Cook has said a four-year degree isn’t required to work at Apple.Tech has seen a number of college dropouts make billions, like Bill Gates, Steve Jobs, and Mark Zuckerberg. Executives at top tech companies are telling young people to rethink the purpose of education, and even whether they should attend college at all. Tech has had a range of successful college dropouts in its history, and the industry is being shaken up by the…
Key Takeaways Warren Buffett warns investors tempted by overactive trading that it’s like casual hookups—exciting in the moment but destructive over time. Frequent trading can slash returns by 6% to 7% compared with simply holding a stake in a broad market index fund. Active trading can cut long-term gains through transaction fees and other costs. Treating stocks as ownership stakes, not speculative tokens, is the foundation of lasting wealth, Buffett argues. The Oracle of Omaha has a spicy take that cuts to the heart of his stock-buying philosophy: “According the name ‘investors’ to institutions that trade actively is like calling…